The first clause in the draft proposal states that the UN General Assembly will call on Israel
and the Palestinian Authority to resume negotiations on core issues,
including Jerusalem, refugees and the settlements and will allocate six
months for negotiations.

After six months, the sides will be committed to reaching
understandings that would put an end to the Israeli-Palestinian conflict
and would bring about the establishment of a Palestinian state within
the 1967 borders, side by side with Israel.

The second agreed upon clause states that Israel will halt
unilateral moves, especially on the settlement issue while the
Palestinians will fulfill their commitments on security matters.

The next clause stated that the UNGA would welcome a speech made
by the Palestinian President Mahmoud Abbas in which he would emphasize
the Palestinian Authority's commitment to the UN principles.

The fourth clause notes that the UNGA would accept the World
Bank and IMF reports on the Palestinians' ability to govern an
independent state after the establishment of state institutions is
completed.

Ynet also reports that Susan Rice, US ambassador to the UN, denies that anyone at the UN has seen a "text"or that one even exists. Well this makes me feel better knowing that I'm not the only one who hasn't seen one.

Draft or not, text or not, it appears that Blair's proposal to allow the Palestinian's to deposit their resolution with Ban Ki-moon is gaining some traction.